>> this week on the journal editorial report, a complete post election wrap-up. a look how president obama won a second term and what he's likely to do with it. and plus, how should republicans respond and regroup for 2014 and beyond. from tax hikes to collective bargaining to gay marriage, how some big measures, across the states across the country. welcome to the journal, editorial report. i'm paul gigot, a divided country gave president obama a second chance on tuesday, handing him a narrower, but decisive win over republican rival mitt romney. here is with a look how he did it. dan henninger, and jason riley and washington columnist kim strassel. start with you, when you get a defeat like this, there's no one thing necessarily that explains it. but why don't you pick out your most important? >> look, i think there were two things key to the obama victory, one was that very ol on, they ran this very high dollar attack campaign against mitt romney, a bit of a character assassination throughout the summer and mitt romney didn't respond to it and he didn't recover from it.